ABA Supports Proposed Qualified Mortgage Rule Changes
In a comment letter to the CFPB yesterday, the American Bankers Association offered support for recent proposals that would make ...
Tag: Ability to repay and qualified mortgage
CFPB Proposes New Qualified Mortgage Category
The Consumer Financial Protection Bureau today proposed to create a new category of “seasoned” qualified mortgages.
ABA to CFPB: Extend ‘GSE Patch’ Six Months Past QM Final Rule
ABA yesterday welcomed the Consumer Financial Protection Bureau’s proposal to extend the temporary “GSE patch”—which grants Qualified Mortgage status to ...
CFPB Updates Rulemaking Agenda
The Consumer Financial Protection Bureau this week announced updates to its rulemaking agenda. Items on the agenda and their associated ...
CFPB Proposes Changes to QM Rule, Extension for Temporary ‘GSE Patch’
The Consumer Financial Protection Bureau today took a significant step to revise its Qualified Mortgage rule, issuing a proposal to ...
Housing Policy Advocates Call for Delay of ‘QRM’ Definition Review
The Coalition for Sensible Housing Policy—a broad group of financial, housing and community development stakeholders including ABA—yesterday wrote to the ...
Kraninger Signals Extension for GSE QM Patch
As the American Bankers Association has long anticipated, CFPB Director Kathy Kraninger signaled in a letter to lawmakers last week ...
Agencies Taking Look Back at Risk Retention Rule
Six federal regulatory agencies are commencing a mandated review of the Dodd-Frank Act’s mortgage risk retention rule, which was finalized ...
CFPB Updates Rulemaking Agenda
The Consumer Financial Protection Bureau today announced updates to its rulemaking agenda for 2019. Significantly, the bureau said that it ...
FDIC Research Shows Effect of Regulation on Nonbank Mortgage Market
In recent years, nonbanks have made major inroads into sectors like the single-family mortgage market, where they now originate more ...
